Job Description:
Business Analyst or PM– Quantitative Credit Risk Models Wholesale Credit Risk Technology team is looking for an analyst with strong credit risk experience to support the development, validation and maintenance of Credit Risk Loss models used to forecast losses and/or capital reserves under U.S. and international regulations as CCAR, CECL & IFRS 9.
Key responsibilities include:
Work with Risk managers and model owners to document functional and technical requirements of Expected loss models and its various components such as PD (Probability of default), Loss Given Default (LGD) and Exposure at Default (EAD) under the CCAR, CECL, IFRS 9 frameworks. Lead the effective and efficient delivery of software development projects and act as the technology point of contact with the project stakeholders. Plan and coordinate user acceptance testing including documenting test cases, ensuring input data satisfies test scenarios and model output meets expectations. Responsible for documenting and presenting detailed model development processes and results, suitable for a variety of audiences. Prepare ad-hoc analysis and reporting as needed including working with large data sets to verify veracity of business requirements and/or data quality issues. Collaborate with business and technology stakeholders to ensure competing projects are prioritized and project issues and risks are communicated. Respond to ongoing analytical requests from auditors and regulatory reviewers.
Qualifications:
A bachelor degree or higher in a quantitative field such as financial mathematics, statistics, engineering, physics, or economics. Credit risk modeling or analytical experience in banking or financial service industry including knowledge of statistical model development or validation, utilizing best modeling practices and methodologies in the areas of data processing, sampling, model design or specification, model performance assessment. Hands-on experience working with large datasets using SQL, SAS and/or python. Working Knowledge of CECL, CCAR, IFRS 9 a plus. Experience working with JIRA to manage agile software development a plus. Excellent verbal, written, and interpersonal communication skills.
Note:
Tampa, Irving, JC Rate depends on location and experience. $115 for JC $90 to 100 for Irving, Texas
